LAING TRADITIONAL MASONRY GROUP LIMITED

💤Zombieactive

SC225121 · ltd · incorporated 2001-11-09

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2025

Net worth

£1.68M

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: Development of building projects

Sector: Construction

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -100% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 15.8y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 15.8 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

5 officers (2 active, 5 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

71 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £1,675,306

Net assets shrinking

Down £126,831 YoY

Cash draining

Cash down 100% YoY

Cash YoY

-100%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£108

↓ 100% YoY

Net Worth

£1.7m

↓ 7.0% YoY

Current Assets

£2.3m

↓ 7.8% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-05-31	2024-05-31
Total assets	£1.90M	£2.13M
Current assets	£2.27M	£2.46M
Cash	£108	£77.4k
Debtors	£2.27M	£2.38M
Net assets	£1.68M	£1.80M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2026-02-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-27
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-02-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-02-28
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2017-11-14
📄
change-person-director-company-with-change-date
officers · CH01
2017-11-14
📄
change-person-secretary-company-with-change-date
officers · CH03
2017-03-02
📄
accounts-with-accounts-type-full
accounts · AA
2016-03-03
📄
accounts-with-accounts-type-small
accounts · AA
2015-11-23
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-06
🔓
Charge satisfied #2
2011-02-15
➖
LAING, Nicola resigned
director
2010-10-06
🔒
Charge registered #2
Lender: Royal Bank of Scotland PLC
2010-08-04
🔒
Charge registered #1
Lender: Royal Bank of Scotland PLC
2001-11-13
➖
FORM 10 SECRETARIES FD LTD resigned
corporate-nominee-secretary
2001-11-13
➖
FORM 10 DIRECTORS FD LTD resigned
corporate-nominee-director
2001-11-09
🏢
Company incorporated
As LAING TRADITIONAL MASONRY GROUP LIMITED
2001-11-09
➕
LAING, Nicola appointed
secretary
2001-11-09
➕
LAING, Steven appointed
director
2001-11-09
➕
FORM 10 SECRETARIES FD LTD appointed
corporate-nominee-secretary
2001-11-09
➕
LAING, Nicola appointed
director
2001-11-09
➕
FORM 10 DIRECTORS FD LTD appointed
corporate-nominee-director

Owner dependency

100/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.
+Founder name in company name: Company name contains director surname "LAING" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Laing Traditional Masonry Group Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Laing Traditional Masonry Group Holdings Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

LAING TRADITIONAL MASONRY GROUP LIMITED

This company · SC225121

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Laing Traditional Masonry Group Holdings Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Construction · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
SEIVWRIGHT BROTHERS LIMITED→ SC234623 · est 2002	£8.04M £5.74M–£10.33M	—	—	73	23y	87	76y
HUTCHEON SERVICES LIMITED→ SC071884 · est 1980	£3.47M £2.48M–£4.46M	—	—	17200	45y	84	61y
M.T.M.CONSTRUCTION LIMITED→ SC056163 · est 1974	£2.93M £2.10M–£3.77M	—	—	5200	51y	87	76y
THISTLE WINDOWS & CONSERVATORIES LIMITED→ SC159622 · est 1995	£1.28M £917.3k–£1.65M	—	—	119	30y	84	65y
SKENE ENTERPRISES (ABERDEEN) LIMITED→ SC072886 · est 1980	£910.0k £650.0k–£1.17M	—	—	105	45y	83	87y
AJC CONSTRUCTION SCOTLAND LIMITED→ SC216542 · est 2001	—	—	—	2700	25y	83	60y
AM CAMPBELL (UK) LTD.→ SC212573 · est 2000	—	—	£72.9k	—	25y	83	63y
GREENBURN PROPERTY CO. LIMITED→ SC309497 · est 2006	—	—	£-448	—	19y	83	70y
LADYSBRIDGE VILLAGE LIMITED→ SC262049 · est 2004	—	—	—	0	22y	83	75y
SPARK'S MECHANICAL SERVICES LIMITED→ SC102458 · est 1986	—	—	£3.06M	—	39y	83	59y
T & M SLATING LTD.→ SC251627 · est 2003	—	—	—	9	22y	83	59y
WHITEHILLS DEVELOPMENT CO. LTD.→ SC216307 · est 2001	—	—	£49.1k	—	25y	83	75y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2001-11-09

Jurisdictionscotland

Primary SIC41100 — Development of building projects

Registered office

15d High Street

Inverurie

AB51 3QA

Scotland

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2026-11-24

Last: 2025-11-10

Officers (2 active · 3 resigned)

LAING, Nicola→

secretary · appointed 2001-11-09

View their other companies + combined net worth →

Active

LAING, Steven→

director · ~54y · appointed 2001-11-09

View their other companies + combined net worth →

Active

FORM 10 SECRETARIES FD LTD→

corporate-nominee-secretary · appointed 2001-11-09 · resigned 2001-11-13

Resigned

LAING, Nicola→

director · ~53y · appointed 2001-11-09 · resigned 2011-02-15

Resigned

FORM 10 DIRECTORS FD LTD→

corporate-nominee-director · appointed 2001-11-09 · resigned 2001-11-13

Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	satisfied	Lloyds Banking Group Royal Bank of Scotland PLC	Standard security	1 property	06/10/2010	06/11/2015
	outstanding	Lloyds Banking Group Royal Bank of Scotland PLC	Floating charge	1 property	04/08/2010	—

Click column headers to sort. Use filters above to narrow by status and lender.